Cost of Living in Gloucester

Gloucester's cost of living runs genuinely above the national median on housing specifically, with property tax costs landing close to typical Massachusetts figures.

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Above-national-median housing costs, with a disclosed spread

Gloucester's housing costs run genuinely above the national median -- sourced 2026 figures span a real, disclosed range of $600,600 to $791,623 depending on source and methodology.

Property taxes close to typical Massachusetts figures

Gloucester's effective property tax rate (~0.97%) runs close to typical Massachusetts figures, not standing out as unusually elevated relative to the state's own statewide average.

Everyday costs reflect a stable, small North Shore city

Gloucester's overall cost of living reflects a genuinely stable, small North Shore coastal city rather than an extreme resort-market cost structure.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.